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$3,595,000
26-11179 MLS Undisclosed Highway Frontage BLDG.
Established Kenai Peninsula Commercial Investment - Real Estate, Businesses & Residential Income Exceptional opportunity to acquire a diversified commercial investment on the Kenai Peninsula combining 17,282 square feet of commercial and residential improvements, established restaurant and sports-bar operations, two liquor licenses, three residential apartment units. PICTS NOT ACTUAL PROPERTY Combined real estate and businesses + associated land and parking in one offering. This is an established operating property with multiple potential income streams and substantial existing improvements, offering an investor or owner-operator the opportunity to acquire both the operating businesses and the underlying real estate. Investment Highlights Approximately 17,282 SF of total improvements Approximately 1.17 acres Established full-service restaurant Large dining and banquet/event facilities Popular sports-bar operation Outdoor seating and entertainment area Two liquor licenses, subject to applicable transfer approvals Commercial kitchen, bar, furniture, fixtures and operating equipment, subject to final asset schedule Three residential apartment units Two 2-bedroom apartments One 3-bedroom apartment Two-vehicle garage Ample customer and business parking Established operating history and local customer base Real estate and operating businesses included in the offering Business & Income Performance The combined hospitality businesses generated Multi-million in 2025 revenue. 2025 Adjusted SDE: approximately $465,000 Weighted Normalized SDE: approximately $407,000 The three residential units provide additional rental-income potential: Two 2-bedroom units at approximately $1,600/month each One 3-bedroom unit at approximately $2,000/month Potential Residential Rental Income: $5,200/month Potential Residential Rental Income: $62,400 annually Apartment-related operating expenses have historically been reflected within the property's operating financials; however the rental income has not been reflected in current financials. Based upon normalized business SDE plus potential residential rental income, the property provides a combined income indication of approximately $469,500 annually before financing and buyer-specific adjustments. Alaska LNG Growth Potential The property is strategically located in the greater Kenai Peninsula area, within the region that could experience significant economic activity associated with the proposed Alaska LNG project and planned Nikiski LNG facilities. If the project proceeds as currently proposed, large-scale construction, workforce requirements and associated economic activity could create increased demand for housing, restaurants, entertainment, services and other businesses throughout the Kenai/Nikiski area. The property's combination of established hospitality operations, residential rental units, commercial improvements and substantial parking may position it to participate in potential future regional growth. Complete Investment Offering $3,595,000 Offering includes the real estate, established restaurant and sports-bar businesses, two liquor licenses subject to transfer approval, customary operating furniture, fixtures and equipment, residential apartment units and associated improvements. Detailed financial statements, SDE calculations, asset schedules, property information and additional business information available to qualified prospective purchasers.

3595 Restaurant Street, Soldotna

Listing Office Mossy Oak Properties of Alaska - Wasilla

$384,880
3 Beds 2 Baths 26-11159 MLS
You won't want to miss out on this great K-Beach home! Open concept, granite kitchen counters, modern updates throughout, vinyl plank flooring, 3 bedroom, 2 bath, huge back yard with garden area and shed, all on over an acre. It has an open floor plan that has the master bedroom on the opposite side of the house from the smaller bedrooms. The architecture is unique with rounded corners and arched doorways. The interior has been updated with many modern features that it aesthetically pleasing. This home sits in a nice, quiet neighborhood with wonderful neighbors. The decks are great for hosting and entertaining. There is a large storage shed to house mowers, snow machines, etc. The yard is very large with trees surrounding the property to provide a natural privacy fence. The k-beach area where this property is located provides both an out-of-town feel and convenient access to both Kenai and Soldotna... the best of both worlds.

46885 Mooseberry Avenue, Kenai

Listing Office EXP Realty, LLC

$625,000
5 Beds 3 Baths 26-11035 MLS
A rare combination of space, updates, versatility, and charm! Over 4400sf 5 bed 3 bath home on 1.38 ac s. of Soldotna with additional Mother-in-law apartment and garage, nestled just of the Sterling Hwy with zero covenants!!! Charming and recently updated home offering generous living space and plenty of flexibility. Recent improvements include new carpet, fresh interior paint, and the recent addition of natural gas to the property! The spacious, professional-grade, farm-style kitchen is designed for cooking and entertaining, with ample room for large family gatherings. The centerpiece of this kitchen is the Viking six burner convection range and separate double ovens on propane. The home features a generously sized private master suite with its own entrance/porch. This home is ideal for guests, extended family, or multigenerational living. Each bedroom is oversized and have a variety of nuances; portal window in closet and arched doorways. Landscaped grounds include established garden areas and a welcoming front porch--perfect for relaxing and enjoying the outdoors. Separate from the main home, the apartment/garage offers an oversized garage plus a 400sf (BTV)mother-in-law apartment, providing exceptional space for guests, hobbies, storage, or additional living arrangements. Garage has radiant heated floors. With no covenants, you'll have the freedom and flexibility to make the property your own family domain. This home has natural gas to the property. Buyer to transition from oil to natural gas at their leisure.

49534 Sterling Highway, Soldotna

Listing Office Mossy Oak Properties of Alaska - Soldotna

$1,150,000
26-10921 MLS Undisclosed BLDG.
Established Restaurant, Sports Bar & Hospitality Operations - Business Only Two established and complementary hospitality operations on the Kenai Peninsula. Combined business and asset sale with no real estate included. The offering combines an established full-service restaurant with formal & casual dining with banquet facilities together with an adjacent popular sports bar PHOTOS NOT ACTUAL Business Highlights " Multi- million in 2025 combined revenues " Long-established operating history " Full-service restaurant /bar dining facilities " Banquet and special-event facilities " Popular sports bar operation " Outdoor bar/seating area " Established food and beverage operations " Two liquor licenses, subject to applicable transfer approvals " Existing commercial kitchens, bars, furnishings, fixtures and operating equipment, subject to final asset schedule " Approximately 11,350 SF of commercial operating space " Ample associated customer parking " Real estate not included Lease The real estate will remain under current ownership. A competitive commercial lease for approximately 11,350 SF together with associated parking will be established with the purchaser. Lease rate, term, renewal options and other lease provisions are negotiable and will be established as part of the transaction. Financial Information The businesses have demonstrated improving operating performance, with approximately Multi-million in combined 2025 revenue and substantial normalized owner cash flow. Detailed financial statements, normalized Seller's Discretionary Earnings (SDE), asset information and additional operating information will be made available to qualified prospective purchasers subject to confidentiality requirements.

1150 Restaurant Street, Soldotna

Listing Office Mossy Oak Properties of Alaska - Wasilla

$299,000
2 Beds 2 Baths 26-10840 MLS
Don't miss the opportunity to make this amazing property your own! Situated on 1.99 acres, this charming home offers 2 bedrooms, 1.75 bathrooms, a greenhouse, storage/woodshed, and a Connex that stays with a full-price offer. Stay warm and cozy during the long winter months with the inviting wood stove as well as an outdoor fire pit. Press the ''more'' tab for more information A convenient nook off the downstairs bedroom provides the perfect spot for a home office, reading area, or additional workspace. The kitchen features beautiful granite countertops, ample cabinetry, and plenty of thoughtful storage nooks throughout the home. 4x4 and snowmachine trials right out back yard! Also in the area is the Browns Lake public boat launch, Bird Homestead Golf Course, and fishing on the world famous Kenai River at the Funny River Camp Campground & Recreational Site. With space, functionality, and room to enjoy the outdoors, this property has so much to offer!

34687 Sharky Avenue, Soldotna

Listing Office Jack White Real Estate Soldotna

$199,900
3 Beds 2 Baths 26-10732 MLS
FULLY REMODELED 3-BED, 2-BATH CONDO in Kenai! 1,362 SF across three levels with a private deck. $199,900. HOA covers gas, water, sewer, exterior & grounds maintenance, trash & snow removal -- electric (HEA) is the only bill. Walking distance to schools, Oilers Ball Field & Kenai Golf Course. The top floor holds 2 bedrooms and a full bath, the main level features an open living room and kitchen alongside the second bathroom, and the lower level offers a third bedroom plus a bonus workshop space -- ideal for hobbies, storage, or a home office. The remodel includes custom lighting with a built-in night-light function at the touch of a button -- a small detail that makes daily living easier. With HOA handling gas, water, sewer, exterior maintenance, trash pickup, lawn care and snow removal, this is low-maintenance living at its best -- just add electric and you're set. As an added bonus, a full-price offer includes all furnishings (minus a few personal items) -- making this a true move-in-ready opportunity, whether as a primary residence or income-producing rental.

813 Auk Street Unit #E4, Kenai

Listing Office Century 21 Realty Solutions Freedom Branch

$349,000
2 Beds 2 Baths 26-10658 MLS
Bring your tools and bring your vision! This unique property offers endless possibilities on 7.62 acres along Funny River Road, conveniently located near the golf course, world-class fishing, and all the recreation the area has to offer.The impressive airplane-hangar-style shop provides an incredible amount of workspace and storage. The attached apartment and office space add versatility for living, working, or hosting guests. Whether you're looking for a place to run your business, store equipment, work on projects, or create your own Alaskan retreat, this property has the space and potential to make it happen. With acreage, a massive shop, attached living quarters, and a desirable location close to recreation, this is an opportunity you won't want to miss. Bring your tools, your ideas, and make this property your own!

37405 Funny River Road, Soldotna

Listing Office Elite Real Estate Group Soldotna Branch

$2,600,000
6 Beds 5 Baths 26-10354 MLS
18.44 unzoned acres bordering the Kenai National Wildlife Refuge with more than 21,000 SF under roof. A 6,038 SF custom timber frame residence, 6,000 SF heated shop with apartment, and 9,000 SF heated barn create a level of scale, privacy and infrastructure rarely found in one property. The hard part has already been built. What comes next is entirely yours to create. This is more than a home on acreage. It is an opportunity to take an extraordinary collection of land, buildings and infrastructure and shape it around the life you want to live. Create an equestrian estate. A private family compound. An agricultural operation. A self sufficient property. A recreational retreat. A place for equipment, collections, projects or business needs. Or create something entirely different. The property does not tell you what it has to become. It gives you the space and infrastructure to decide. At the heart of the estate is a 6,038 SF custom Douglas fir timber frame residence designed to capture the beauty and scale of its Alaska setting. Exposed timbers, Ponderosa pine flooring, custom wood cabinetry and expansive windows bring warmth and character throughout the home. The soaring great room frames panoramic mountain and wetland views, while the remarkable four story observation tower creates one of the most distinctive spaces on the property. The primary suite opens to a private balcony overlooking the mountains and features a soaking tub and tiled walk in shower. A greenhouse directly off the kitchen connects the home to the surrounding land and creates another opportunity for growing, gardening and a more self sufficient lifestyle. Beyond the residence is where the possibilities expand. The 6,000 SF heated shop offers radiant in floor heat, two 14x14 overhead doors, substantial workspace and storage, processing space, a 10x10 cooler, 3/4 bath and a two bedroom apartment upstairs. Built in 2023, the 9,000 SF barn provides approximately 7,000 SF with natural gas in floor heat, independent utilities and significant additional storage. Existing corrals, buck and rail fencing and multiple pens remain in place, offering a tremendous head start for anyone who chooses to bring horses, cattle or livestock back to the property. Greenhouses, garden areas, hay storage, a young orchard and additional supporting improvements add even more flexibility to an already remarkable property. The infrastructure exists. How it is used next is entirely up to its new owner. Set at the end of a private road and bordering the Kenai National Wildlife Refuge, the estate offers expansive mountain and wetland views, privacy and room to breathe while remaining approximately 15 to 20 minutes from Soldotna, shopping, dining and the Kenai River for famous salmon fishing. You are not buying someone else's dream. You are buying the land, space and infrastructure to create your own dream. The hard part has already been built. Bring your vision and decide what comes next. Buyer to independently verify suitability for intended use. Certain equipment and additional items may be available separately.

35250 Reger Road, Soldotna

Listing Office Real Broker Alaska

$120,000
26-10307 MLS
Discover the perfect place to build your dream home on this beautiful 1.5-acre parcel with Whisper Lake access! The property is ready to build with a well already drilled, soil testing for septic complete, and a cleared level lot. And with utilities adjacent, including gas, electric and AT&T, you can start building right away. With lush natural surroundings and a new cedar privacy fence, this property offers space and seclusion while still being conveniently located. Enjoy year-round recreation with Whisper Lake just steps away, and the Kenai River nearby. This is truly a lovely, thoughtfully situated property that offers the perfect blend of natural beauty, privacy, convenience, and classic Kenai Peninsula recreation. Come build your dream home and start enjoying the Alaska lifestyle you've been waiting for! To access the property, turn down Deville Road and take a right on Holly Ave. The property is at the end of the road on the right with signs posted. Call today for your private walkthrough.

Lot 1-A Whisper Lake Sub 2024 Replat, Soldotna

Listing Office Redoubt Keller Williams Realty Alaska Group

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The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Properties of Alaska Real Estate Brokers of Alaska are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing last updated: